Godlike Productions - Discussion Forum
Users Online Now: 1,739 (Who's On?)Visitors Today: 139,598
Pageviews Today: 355,359Threads Today: 204Posts Today: 3,533
08:10 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???

 
Antipodean

User ID: 60752652
Australia
10/03/2014 02:38 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
And What are your thoughts on this trade:

short/med outlook (ie, a few weeks):

Short : USDINDEX
LONG: Silver


Aiming for a USDIndex correction.

Cashing out profits, then switching the trade around for a long term trade (aiming for a $15 silver target, and 90 US index)

With eventual profits from that then going into Physical PM
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 06:53 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Take a look at armstrongs economic model. Silver and gold both topped out just months from his bottom. He's basically saying they will bottom within months the top/ the turn in sept/oct 2015.

[link to armstrongeconomics.files.wordpress.com]
 Quoting: Punk-A$$ets


You mean hes saying gold will bottom in sept/oct 2015 based on this chart (where economic confidence is at its highest... then starts its bear cycle?)
 Quoting: Antipodean


Yes, thats the gist of it. Its not exact but close.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 06:58 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
And What are your thoughts on this trade:

short/med outlook (ie, a few weeks):

Short : USDINDEX
LONG: Silver


Aiming for a USDIndex correction.

Cashing out profits, then switching the trade around for a long term trade (aiming for a $15 silver target, and 90 US index)

With eventual profits from that then going into Physical PM
 Quoting: Antipodean


Well the 1st trade sounds good in theory. IMO it would be too early to even consider the 2nd trade.

Im still long miners with a small position but its also still under water.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 07:09 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Damn. Platinum has gotten the snot beaten out of it since June. Down to just $43 over gold. It was $175 over gold back then.

Last Edited by Punk-A$$ets on 10/03/2014 07:09 AM
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 08:35 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Well, shorting gold would have been a great idea after all. lol

See why I dont have a newsletter? Even from these crazy oversold levels the metals just sink ever further. I'l get stopped out today unless things reverse soon. Glad its just a small position.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 08:47 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Look at the currencies guys and gals. Martin Armstrong is a fricken genius!

[link to finviz.com]
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 12:24 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Just got back in from a walk. My stops triggered big time. redface

Thank god for stops.

The only good news is the eventual bounce - when it gets here- ought to be pretty good.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 12:27 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Holy crap. Only a $35 difference in price between gold and platinum.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Anonymous Coward
User ID: 797856
United States
10/03/2014 01:32 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Looks like Goldman Sachs made the call again for 1050 by end of year.

They are the money masters so I guess so. They just rag doll the PM market like a bully picking on a little kid, its sad. What a dishonest world that we live in.
Anonymous Coward
User ID: 50647445
United States
10/03/2014 01:46 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Take a look at armstrongs economic model. Silver and gold both topped out just months from his bottom. He's basically saying they will bottom within months the top/ the turn in sept/oct 2015.

[link to armstrongeconomics.files.wordpress.com]
 Quoting: Punk-A$$ets


give me another year of buying it cheap

aVian
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 02:36 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Looks like Goldman Sachs made the call again for 1050 by end of year.

They are the money masters so I guess so. They just rag doll the PM market like a bully picking on a little kid, its sad. What a dishonest world that we live in.
 Quoting: Anonymous Coward 797856


Thats why I know its better to just let it happen. Cant stop it anyhow. The metal sites will be shoveling some shit to the tide this weekend. Full time.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 02:37 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Take a look at armstrongs economic model. Silver and gold both topped out just months from his bottom. He's basically saying they will bottom within months the top/ the turn in sept/oct 2015.

[link to armstrongeconomics.files.wordpress.com]
 Quoting: Punk-A$$ets


give me another year of buying it cheap

aVian
 Quoting: Anonymous Coward 50647445


Looks that way!
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Anonymous Coward
User ID: 60211056
United States
10/03/2014 02:47 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
OP, should i sell the rest of my gold & silver now and use the money to invest in some products i know i can flip in the next couple of months and then buy back in at a better position at the end of the year or early next year? what is armstrong predicting?
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 03:08 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
OP, should i sell the rest of my gold & silver now and use the money to invest in some products i know i can flip in the next couple of months and then buy back in at a better position at the end of the year or early next year? what is armstrong predicting?
 Quoting: Anonymous Coward 60211056


I dont know. I still think we could bounce soon but if we break 1180 I guess we could end up getting down $50 or $100 before a real bounce. Martin Armstrong is mega bearish on metals for the next year- thats a fact. He says crazy low numbers now. I dont want to even repeat them because I dont want any tards hearts to fail. lol
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Anonymous Coward
User ID: 60211056
United States
10/03/2014 04:25 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
can u send me the link to where he talks about the really low upcoming price?
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 04:25 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
GDX & GDXJ closed the week at the very lows of the day so from what I've gleaned the miners likely have more downside to come. Cant wait for a bounce to come out of the next major bottom. Yee haw!
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/03/2014 04:35 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
can u send me the link to where he talks about the really low upcoming price?
 Quoting: Anonymous Coward 60211056


Thats mostly in his $400 metals report but Greg Hunters last interview with him will divulge the crazy low gold number.



This is the one. This was before I read it in his metals report so I had to rewind it like twice and turn up the volume to make sure I heard it right. At 24 min in he talks gold/ dollar. At 33+ min in he gives you the lowdown.

Last Edited by Punk-A$$ets on 10/03/2014 05:01 PM
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Antipodean

User ID: 60752652
Australia
10/03/2014 05:33 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Well, shorting gold would have been a great idea after all. lol

See why I dont have a newsletter? Even from these crazy oversold levels the metals just sink ever further. I'l get stopped out today unless things reverse soon. Glad its just a small position.
 Quoting: Punk-A$$ets


Sheesh.

I guess one good thing about living in Australia is that I don't have to watch the slam live during the day. I just wake up in the morning and see the meltdown!

but yes I got a tad burnt after that.

I'm seriously thinking of sitting out of the game until theres a solid bounce, then starting to set up a bunch of med/long term shorts and sit back for a year?

I'm tempted to try and play the bounce also, but i've been getting hammered of late so probably best to sit out. And when will the bounce occur... off 1180, or will it slam right through!?
Antipodean

User ID: 60752652
Australia
10/03/2014 05:33 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Damn. Platinum has gotten the snot beaten out of it since June. Down to just $43 over gold. It was $175 over gold back then.
 Quoting: Punk-A$$ets




Is this a sign of fear returning to the markets? Gold is becoming more expensive in relation to a metal that is generally more expensive for industrial use?
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/04/2014 09:17 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Well, shorting gold would have been a great idea after all. lol

See why I dont have a newsletter? Even from these crazy oversold levels the metals just sink ever further. I'l get stopped out today unless things reverse soon. Glad its just a small position.
 Quoting: Punk-A$$ets


Sheesh.

I guess one good thing about living in Australia is that I don't have to watch the slam live during the day. I just wake up in the morning and see the meltdown!

but yes I got a tad burnt after that.

I'm seriously thinking of sitting out of the game until theres a solid bounce, then starting to set up a bunch of med/long term shorts and sit back for a year?

I'm tempted to try and play the bounce also, but i've been getting hammered of late so probably best to sit out. And when will the bounce occur... off 1180, or will it slam right through!?
 Quoting: Antipodean


I lost my shares but I'm a hardhead and I'll be searching for another spot to go long miners again. The dollar is just relentless just as MA advised it should be. But nothing goes straight up. I just read the commercials have huge bets the dollar will reverse and they're usually right. So, I'll keep searching for entry.

I dont know if we hold 1180 or bust through before a bounce. I'll probably blow some more money trying to find it.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/04/2014 09:31 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Damn. Platinum has gotten the snot beaten out of it since June. Down to just $43 over gold. It was $175 over gold back then.
 Quoting: Punk-A$$ets




Is this a sign of fear returning to the markets? Gold is becoming more expensive in relation to a metal that is generally more expensive for industrial use?
 Quoting: Antipodean


Yes I'd say people are just giving up on the trade. I think gold was as much as $200 or more expensive above platinum at one point a few years back. I would imagine it happens again with the next slow down.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Antipodean

User ID: 17953419
Australia
10/05/2014 05:09 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Well, shorting gold would have been a great idea after all. lol

See why I dont have a newsletter? Even from these crazy oversold levels the metals just sink ever further. I'l get stopped out today unless things reverse soon. Glad its just a small position.
 Quoting: Punk-A$$ets


Sheesh.

I guess one good thing about living in Australia is that I don't have to watch the slam live during the day. I just wake up in the morning and see the meltdown!

but yes I got a tad burnt after that.

I'm seriously thinking of sitting out of the game until theres a solid bounce, then starting to set up a bunch of med/long term shorts and sit back for a year?

I'm tempted to try and play the bounce also, but i've been getting hammered of late so probably best to sit out. And when will the bounce occur... off 1180, or will it slam right through!?
 Quoting: Antipodean


I lost my shares but I'm a hardhead and I'll be searching for another spot to go long miners again. The dollar is just relentless just as MA advised it should be. But nothing goes straight up. I just read the commercials have huge bets the dollar will reverse and they're usually right. So, I'll keep searching for entry.

I dont know if we hold 1180 or bust through before a bounce. I'll probably blow some more money trying to find it.
 Quoting: Punk-A$$ets



Hmmm yeah I play throw my hat in. Looking for a bounce off 1180 with a correction in the dollar. Surely it has to happen soon huh!?

I noticed V the Guerrilla just called a bottom in the metals. He has been pretty good with GeoPolitical picks, and doesn't really give out PM/Market predictions, so this is a big call.

Goes against Martins picks though.

How about we go each way and setup long positions in Gold and keep some pretty tight stop losses!
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/05/2014 09:24 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Well, shorting gold would have been a great idea after all. lol

See why I dont have a newsletter? Even from these crazy oversold levels the metals just sink ever further. I'l get stopped out today unless things reverse soon. Glad its just a small position.
 Quoting: Punk-A$$ets


Sheesh.

I guess one good thing about living in Australia is that I don't have to watch the slam live during the day. I just wake up in the morning and see the meltdown!

but yes I got a tad burnt after that.

I'm seriously thinking of sitting out of the game until theres a solid bounce, then starting to set up a bunch of med/long term shorts and sit back for a year?

I'm tempted to try and play the bounce also, but i've been getting hammered of late so probably best to sit out. And when will the bounce occur... off 1180, or will it slam right through!?
 Quoting: Antipodean


I lost my shares but I'm a hardhead and I'll be searching for another spot to go long miners again. The dollar is just relentless just as MA advised it should be. But nothing goes straight up. I just read the commercials have huge bets the dollar will reverse and they're usually right. So, I'll keep searching for entry.

I dont know if we hold 1180 or bust through before a bounce. I'll probably blow some more money trying to find it.
 Quoting: Punk-A$$ets



Hmmm yeah I play throw my hat in. Looking for a bounce off 1180 with a correction in the dollar. Surely it has to happen soon huh!?

I noticed V the Guerrilla just called a bottom in the metals. He has been pretty good with GeoPolitical picks, and doesn't really give out PM/Market predictions, so this is a big call.

Goes against Martins picks though.

How about we go each way and setup long positions in Gold and keep some pretty tight stop losses!
 Quoting: Antipodean


It'll prob turn on a dime but I cant short the dollar. I'm really only interested in the miners right now although I have my eye on grains for an investment at some point. I'm not very good a shorting the market even via etfs and I sure wouldnt have the guts to short them from here. A bounce will come and it could be a fantastic profit opp.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
gebahie

User ID: 58339330
United States
10/05/2014 10:02 AM

Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
5abump
OilMan

User ID: 55566661
United States
10/05/2014 10:35 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
can u send me the link to where he talks about the really low upcoming price?
 Quoting: Anonymous Coward 60211056


Thats mostly in his $400 metals report but Greg Hunters last interview with him will divulge the crazy low gold number.



This is the one. This was before I read it in his metals report so I had to rewind it like twice and turn up the volume to make sure I heard it right. At 24 min in he talks gold/ dollar. At 33+ min in he gives you the lowdown.
 Quoting: Punk-A$$ets


Hummmmm this guy has some good information.... Thanks for sharing!
OilMan
Antipodean

User ID: 16017025
Australia
10/07/2014 06:27 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
So I'm playing the bounce.

Got in nicely at 1185 with gold. So far so good. But now the million dollar question, when to get out?!
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/07/2014 07:15 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
So I'm playing the bounce.

Got in nicely at 1185 with gold. So far so good. But now the million dollar question, when to get out?!
 Quoting: Antipodean


You did good. If its going to bounce its now or never. Hopefully gold will make it to the $1240 level and then roll over to new lows.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Anonymous Coward
User ID: 50647445
United States
10/07/2014 07:56 AM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
grabbed more silver last friday

aVian
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/07/2014 05:02 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Im still on the sidelines. The miners sold off big time and yes the stock markets sold off but the HUI and XAU look terrible. I think I'll just wait to jump back in.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893
Punk-A$$ets  (OP)

User ID: 30559668
United States
10/08/2014 03:40 PM
Report Abusive Post
Report Copyright Violation
Re: IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Back from lunch. Wow, what a reversal in the miners. The dollar looks to finally be turning around.
Gold Prices:

12/31/2000 - $273
12/31/2010 - $1,421
12/31/2020 - $1,893





GLP